Bankroll Blowup

Just to say im giving up on poker, i cant bankroll manage im just too greedy so good luck to you all. Ill still post on the forums etc. \but no way am i gonna keep playing

Had $400

Just sat down at a 1/2 cash table and lost 2 buyins within 20 hands with soem sick beats and eventually tilt

I cant believe what ive just done!

But it just shows poker isnt for me!!!

Sorry to hear that,could you not leave the cash tables for a while and only play tourneys? Change of scenery and that!

I think the reason this isn't an option is that starting with $400 and losing 2 buyins at $1/$2 leaves you with $0

if you wanted to gamble so much of your bankroll, why play 1.2, why not enter the sunday million?

Because its Monday lol !!!!

It seemed a good idea at the time owell

Ive still got $20 left so dont worry ill win it all back

Cool - so all hope is not lost What's your strategy going to be?

Good luck RJB-7,the comeback is on!

Im really gonna grind, this has taught me an awful lot actually!

prob play $1 SnGs n maybe 1 or 2 180 man$4 SnGs because i have had great results in these the last week

but overall its taught me alot about poker...dnt be too greedy !!
grind it out and make small profits rather than gamble it all and most of the time ill lose !

Im not a bad player or anything...just no BM at all something i really have to work on!

$1 SNGs are fine - your bankroll should be able to handle that. I'd stay away from the turbos though. You're going to want to stay at $1 until you have at least $40 in your BR, and probably should wait until you have $60 for some cushion.

You don't have enough to play any MTTs (except the micro ones on PS), certainly not $4 ones. That's just gambling again... you don't want to do that, right?

I know the feeling. I had about $100 in my account at the beginning of the year and then started to play too high, made it to $200 and then eventually went broke.

Now I'm building back and I have 56 dollars. Its going to take time, but soon I'll be back in the bigger games and so will you if you make a comitment not to play too high by using BR management.

I know its gambling but im not gonna play all $4 one maybe 1 or 2 if i get upto $30 i know its not perfect but they do have big paydays if u make FT and i have confidence in my ablility.

But thanks for the advice.

Cye around

If i where u i whould just stick with the 180 u have been doing so well in latly. Dont now if its your case but i for one hardly play cash games(maby every now and then when im bored) i just feel that i can handle losses a lot beter in SNG/MTT then in cash games,the reaload button is just a to big of a temptiation to me after a big bust out hand.
But it dosent matter how good of a player u are if u dont follow BRM coz then u could have one bad beat and your BR is finnished.

Any way hope u can come back from this and good luck grindin

Your totally right with what you say sindri !!
The reload button is too tempting
Ive realised something also, cash games just arent for me theyre just too boring and too dangerous for me
Ill stick to what i do best with is SnGs and MTT

Ill update this thread and let u all know how im doing!

If you play on Stars mostly,I might bump intae ya at the tables,(tho I play under a different name),I will say hi if I am at the same table as you.gl.

Been there, done that mate.

The game's still the same, you start every day and every session on +/- Zero, so you'll have to forget about past losses that you can't get back.

Again, it sounds like just the same pattern of looking for a quick score instead of playing within your BR.

I admit that I made an error here, in offering advice where it wasn't requested. In 2 hours you went from "I'm quitting poker" to "I have confidence in my ability". I understand completely - I've been there.

The problem is that for me, it went hand-in-hand with losing the remainder of my BR almost immediately. I was really just hoping (and still am) that you don't have the same experience.

Good luck, I hope you can beat the odds

I did that same thing and got $20 from a friend - only 4 hours later I had my $150 back + a cool $50 to celebrate. And that's on top of the $20 I gave back.

My suggestion here is 45pl. Sit n Go, buddy ! And good luck !

I quit cash games for the same reasons you have. SNG'S are much more enjoyable. Being retired I play to pass time and I belive it keeps my mind sharp. Only thing is I can't sit and grind for hours at a time. So the smaller sng's are what I play.

And profiting from sngs isn't a grind? Maybe we have different definitions of grind but I find playing winning poker of any form long-term is a grind. Doesn't mean you can't enjoy the grind though. Nothing more satisfying (ok I'm exaggerating, but still) than putting in hard work and seeing it pay off.

well all i can say RJB is that we have all done it, we have all done stupid things, we have all played above our rolls
hopefully u will learn form ur experience and stay within ur roll next time

I also lost my bankroll this weekend, so I bit the bullet put another 10 dollars in and am now up to 20 by playing 45 man 1 +20 sngs.

I lost my br by playing above my BR limits while extremely low. Wasnt as big a loss but I was just about to become a player in profit. Im sort of glad I done it now though It was a harsh lesson and I have already learnt a lot.

Anyway Gl with your 20 dollars spend it well and hopefully soon you will be back up there.

I had a similar issue - when i play cash i always end up going broke..no more cash games for me.....I haven't been able to cash out one time in online poker..

Thanks everyone for the replies and support.

I hope i can get back up it would be a great achivement !

So thats my goal for this month to try and increase my bankrooll towards the mammoth target of $400 !!

Ill kepp you updated on my progress

No, forget about the $400, that's gone. Start from zero, not -$400.

^^ that, you never want to be looking to catch up, as you will find yourself posting a similar OP again soon enough, stick to good BRM with $1 sng's and if your making decent money take a stab at a few $3-$5 MTT's on the occasion if your confident of your ability.

And there is nothing more satisfying putting in almost no work at all, and still seeing it pay off.

Seems like a good point actually

So im better to just blank the $400 that i lost completely out and just start from scratch ?

I can understand where your coming from

Switch is trying to say that you never want to have that mindset. Rather than thinking "time to win my money back", you should be thinking "time to build a bankroll".
When you have the first mindset, you will begin to deviate from your normal, money-winning play. You will begin to make plays that you believe will help you "regain your bankroll". Rather than getting your money back, you are losing the money that you already have by playing poorly.

Deposit $500 and play a HU match for that. And then if you lose put $1k on and play a $1k HU match. Just keep going until you're up overall or you've lost like a million bucks and there's nothing higher to play. Then just cry.

But in all seriousness looks like you're doing well. The $400 is gone. It'll always be in the back of your mind but do your best to forget about it. You can't control the past. You can learn from the past and control the future though. Work on doing that and good luck .

I have a suggestion for all of us! Me included.... get some professional help because we are addicted.... and the sad thing is that the poker sites know it and will continue to deliver rigged bad beat after bad beat because we keep renewing our bankroll. Online is too easy and they know it. I don't play my cash online anymore. Only at a casino and although I still get bad beats.. and do my share of suk outs.... I am up on my bankroll. Reality bites!

You are right enough Zach thats the best way to think

Thanks alot for the help guys its really helped honestly!!

Some harsh criticisms but also true and i thank you for it

1 thing i know is ill never blow a bankroll again !!

Thanks again.... RJB...

This.

LOL'd at this